Common use of Payment of Cash Consideration Clause in Contracts

Payment of Cash Consideration. (a) At the Effective Time, Purchaser shall deposit with the Depositary, for the benefit of the holders of Limited Voting Shares (other than Kingdom, Foundation and FS Washington) and holders of Four Seasons Options (on behalf of Four Seasons) cash in the aggregate amount equal to the payments contemplated by Sections 3.1(d) and 3.1(h), as the case may be, and Four Seasons shall deposit with the Depositary cash in the aggregate amount equal to the payments contemplated by Section 3.1(b).

Appears in 4 contracts

Samples: www.sec.gov, Four Seasons Hotels Inc, Triples Holdings LTD

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